vvinayakpai 26 Report post Posted September 15, 2009 Chinese handset co ZTE enters India 15 Sep 2009, 0011 hrs IST, ET Bureau NEW DELHI/MUMBAI: Chinese network and handset major ZTE has entered the retail space in India and will sell handsets under its own brand here from this week, its chairman and managing director DK Ghosh told ET. So far, ZTE has sold over 25 million handsets in India through telecom service providers such as RCOM, BSNL, Tata Teleservices & Vodafone Essar. Mr Gosh also said that the company had crossed the $1-billion mark in revenues from India for the first time in the year-ended March 2009. India is ZTE’s second-largest market after China and generates a little over 10% of the company’s global revenues. At present, India accounts for about 16% of ZTE’s global handset sales and its entry into the retail space could see this going up to 20%. Mr Gosh said that ZTE has appointed Overseas Mobiles as its national distributor for mobile and data devices. “Overseas Mobiles will appoint 80 regional distributors across India and manage relationships with distributors and corporate customers on behalf of ZTE as we are targeting to have a presence in 1 lakh retail outlsets in India by this year-end,” he added. With global sales of over 100 million handsets last year, ZTE is currently the sixth-largest handset manufacturer in the world. Share this post Link to post Share on other sites
vvinayakpai 26 Report post Posted September 15, 2009 ZTE forays into Indian retail handset market Press Trust Of India / New Delhi September 15, 2009, 0:53 IST Chinese telecom firm ZTE Corporation has entered the Indian retail market as a standalone player, hoping that the contribution of the Indian market to its global handset sales would go up to 20 per cent from the existing 16 per cent. “India is a key focus market for us and we are delighted to launch ZTE branded handsets in the retail market as this would play a critical role in furthering our existing market-share in the country,” ZTE India Chairman & Managing Director D K Ghosh said. The company has launched a range of low-cost GSM handsets — S315, A261, R220, R230 and R230BT at price points ranging from Rs 1,100 to Rs 3,800, it added. It further said it has sold over 20 million handsets in India through partnerships with various telecom operators. It is targeting a network of 100,000 retail outlets in India by this year-end. The company has appointed Overseas Mobiles as its national distributor for mobile and data devices. Overseas Mobiles will be appointing 80 regional distributors across India and manage relationships with distributors and corporate customers on behalf of ZTE. They will also be responsible for ensuring nationwide distribution coverage for ZTE’s range of GSM and CDMA handsets and data products. With global sales of over 100 million handsets last year, ZTE is currently the sixth-largest handset manufacturer in the world. It has established partnerships with telcos like Vodafone, Hutchison Whampoa and Telefonica globally and BSNL, Reliance Communications, Tata, Vodafone, Spice Telecom and Aircel in India. Source: http://www.business-standard.com/india/news/zte-forays-into-indian-retail-handset-market/370149/ Share this post Link to post Share on other sites
supernova 47 Report post Posted September 15, 2009 anybody having contact details of Overseas Mobiles Private Limited. Share this post Link to post Share on other sites
vvinayakpai 26 Report post Posted September 16, 2009 OVERSEAS MOBILES Overseas Mobile Private Limited 175, Patpadganj Industrial Area. New Delhi - 110092 Ph : +91-11-22149193 Fax : +91-11-22162165 Website : www.overseasmobiles.in Share this post Link to post Share on other sites
Greatest 55 Report post Posted September 16, 2009 will they come out with their cdma ones as well?? Share this post Link to post Share on other sites
vvinayakpai 26 Report post Posted September 17, 2009 Sadly, the website does not mention about the CDMA handsets even in the coming soon section. Looks like it would be a long wait!!!!!!!!! Share this post Link to post Share on other sites